Will implement changes in Lavasa, says Gulabchand

Hindustan Construction Company (HCC), Lavasa Corporation Limited’s parent company, is looking forward to talking to the Central environment ministry, implement changes to the private hill city project and pay fines, if need be, to get a green signal from the ministry, Ajit Gulabchand, chairman and MD, HCC, said on Friday.
HT Image
HT Image
Updated on Jan 22, 2011 01:12 AM IST
Copy Link
Hindustan Times | By

Hindustan Construction Company (HCC), Lavasa Corporation Limited’s parent company, is looking forward to talking to the Central environment ministry, implement changes to the private hill city project and pay fines, if need be, to get a green signal from the ministry, Ajit Gulabchand, chairman and MD, HCC, said on Friday.

The ministry of environment and forests (MoEF) had, in its order submitted to the Bombay high court on Tuesday, called Lavasa “unauthorised’’ and “environmentally damaging” but had offered to regularise the project if Lavasa paid a penalty.

“We are discussing Lavasa with the ministry and are willing to implement changes, if need be. Nothing is perfect and everything can be built,” Gulabchand said at a press conference in Mumbai. The company has also indicated it is willing to pay the penalty slapped by the ministry. Asked if paying the penalty would mean that the company was accepting guilt, Gulabchand said, “I do not think so.”

In November 2010, the ministry had ordered HCC to stop construction on the site in Pune district. The MoEF order on Tuesday said the stay would continue until Lavasa took steps to get the project regularised.

HCC, which wanted to list Lavasa on the capital market, has postponed its plans for now.

Gulabchand, however, denied any political vendetta in the matter because Sharad Pawar’s daughter Supriya Sule and her husband Sadanand Sule were stakeholders in the project in its initial stages.

“What has Sharad Pawar got to do with this? Today, HCC is a publicly listed company, while Lavasa has sought SEBI permission for an IPO. All the data (about proprietors) has been given to SEBI,” Gulabchand said.

SHARE THIS ARTICLE ON
Close Story
QUICKREADS

Less time to read?

Try Quickreads

  • Mumbai local train. (File image)

    Mumbai rain: Local trains, buses affected as floods hit city

    Mumbai local train services were affected Tuesday as the city struggled with floods and waterlogging after heavy rainfall. Some delays were reported for local train services - the city's lifeline because over 75 lakh travel daily - on Central and Western Railway routes. At 10.30 am Central Railways' chief public relations officer Shivaji Sutar said some trains on the Main and Harbour lines were running late. All trains, however, were still running, he said.

  • Haji Vasi, who allegedly funded the June 3 violence in Kanpur, has been arrested. 

    Kanpur violence: UP police arrest alleged mastermind in Lucknow

    The Uttar Pradesh Police on Monday arrested Haji Vasi, who allegedly funded the June 3 Kanpur violence and was absconding, said Joint commissioner of police, Anand Prakash Tiwari Vasi was arrested near the Amausi airport in Lucknow last night. On June 23, the Special Investigation Team had arrested another funder Mukhtar Baba and questioned several people including an MLA of the Samajwadi Party.

  • Police arrested him near Amausi airport from where he was about to take a flight late on Monday night. (File image)

    Kanpur violence: Alleged mastermind and accused builder Haji Wasi arrested

    Haji Wasi, a builder accused of funding the Kanpur violence that broke out on June 3 last was arrested on Monday night, said Joint commissioner of police, Anand Prakash Tiwari . According to police, Haji Wasi was the main financer of the alleged mastermind of the Kanpur violence, Zafar Hayat Hashmi. His son Rahman was arrested two days ago. Wasi was named in three FIRs by the Special Investigation Team investigating the Kanpur violence.

  • Raids by the Anti-Corruption Bureau (ACB) underway at Congress MLA BZ Zameer Ahmed Khan's guest house in Sadashiva Nagar, Bengaluru.

    Anti-Corruption Bureau raids 5 locations of Cong MLA Zameer Ahmed Khan in K'taka

    The Anti-Corruption Bureau on Tuesday conducted searches at five places belonging to Congress MLA Zameer Ahmed Khan on the basis of an Enforcement Directorate report on disproportionate assets case against him. According to ED, the raids were conducted at five locations including the residence of the Chamaranpet constituency MLA at Bengaluru Cantonment, a flat at silver Oak Apartment, a guest house at Sadashiva Nagar, GK Associates office at Banashankari and National Travels office in Kalasipalya.

  • Bengaluru's Kempegowda International Airport (File Photo/Used only for representation)

    Global Livability Index: Bengaluru, ranked 146, scores least among Indian cities

    Bengaluru may have topped the Union government's Ease of Living Index last year, but Karnataka's capital city fared the worst among Indian cities in the Economic Intelligence Unit's (EIU) Global Livability Index 2022, which was released on June 24. Bengaluru's position in Global Livability Index 2022 For the first time, a total of five Indian cities featured on the list; before 2022, only Delhi and Mumbai were featured.

SHARE
Story Saved
×
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Tuesday, July 05, 2022